WASHINGTON (dpa-AFX) - F5 Networks, Inc. (FFIV) reported net income for the third quarter of $79.5 million or $1.05 per share, compared to $68.2 million or $0.86 per share for the year-ago quarter.
Excluding items, adjusted net income for the third quarter was $104.6 million or $1.39 per share, compared to $88.4 million or $1.12 per share in the third quarter of last year.
Revenue for the third quarter rose 19% to $440.3 million from $370.3 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $1.35 per share on revenue of $435.07 million for the third quarter. Analysts' estimates typically exclude special items.
Looking forward to the fourth quarter, the company forecasts revenue of $453 million to $463 million, earnings of $1.15 to $1.18 per share and adjusted earnings of $1.46 to $1.49 per share. Analysts currently expect the company to earn $1.45 per share on revenue of $455.83 million for the fourth quarter.
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